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NIL

Wyoming Won’t Consider FCS Despite Severe Lack Of NIL Money

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Wyoming NIL Money Football FBS FCS
iStockphoto / © Ron Chenoy-Imagn Images

Wyoming is at a serious disadvantage when it comes to NIL. The Cowboys have less money available to pay their athletes than (at least) two nearby universities on a lower level of college football.

Meanwhile, those (at least) two schools are lobbying for their spot in the Mountain West.

This unique situation creates something of a college football case study. At what point is an unsuccessful program forced to move up or down based on financial wealth? Is it time to create a relegation system?

Wyoming is rich, but still broke.

It is no secret that college football is no longer an amateur sport. Players are getting paid, sometimes millions of dollars, and the teams with the most amount of money are able to purchase the best players. Having the best players typically leads to success. Money can buy a national title.

That puts Wyoming in an awkward spot. According to David Madison of the Cowboy State Daily, the Cowboys spend only $1.4 million on its entire roster.

That is the relative cost of just one superstar player in power conferences.

Meanwhile, schools like Montana and Montana State are spending closer to $2.2 million in NIL on their respective rosters. I would guess North Dakota State is not too far behind.

There is one key difference between Montana, Montana State and Wyoming. The former two compete in the Football Championship Subdivision. The latter competes in the Football Bowl Subdivision.

Two schools that compete on a lower level of competition spend nearly twice as much as the Cowboys. And it doesn’t make sense because there is plenty of money in/around Laramie. So where is it?

Due to this lack of NIL money, there is a lot of chatter about the idea that Wyoming could move down. The Cowboys might have more success in the FCS against teams with similar NIL budgets than they do in FBS. It’s not a crazy thought!

However, there is still more money to be made as a losing FBS program than a winning FCS program.

Mountain West schools like Wyoming receive approximately $3.5 million annually from the conference’s television deal with CBS and Fox. Big Sky schools like Montana and Montana State make less.

It makes more sense for the Cowboys to stay right where they are.

“The better question is, why are Montana, Montana State begging to get into the Mountain West?” AD Tom Burman Burman told the Cowboy State Daily. “I can tell you that the top tier of the FCS is willing to pay money to join the Mountain West.”

He is not wrong.

According to Sam Herder, North Dakota State is quietly raising the money necessary to make the job to the FBS. According to Matt Brown, the price to “buy into” an FBS league hovers around $10 million.

Thus, it is actually better for Wyoming to lose every game in the FBS than drop down to the FCS. The boosters need to step up and fund a winning program.





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NIL

No. 1 ranked transfer portal QB medically evaluated by major college football programs

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The modern landscape of college football often focuses on Name, Image and Likeness valuations or immediate playing time when top prospects enter the transfer portal. Yet for the nation’s highest-ranked available quarterback, the recruitment process has taken a clinical turn, prioritizing long-term health over immediate impact. Programs chasing the most coveted arm on the market are pausing to ensure his physical durability matches his statistical production.

Recruiting visits typically revolve around photo shoots, steak dinners and campus tours designed to woo elite talent. In this specific high-stakes recruitment, however, the itinerary includes mandatory stops with team physicians and athletic trainers.

Coaching staffs are exercising caution as they attempt to secure a commitment from a player who could redefine their offense if he can stay on the field.

A new report indicates that every university hosting this prospect is conducting thorough physicals to gauge a recovery timeline. The concern centers on availability for spring practice, a crucial period for any transfer trying to learn a new playbook and build chemistry with receivers. While the talent is undeniable, the medical reality has added a layer of complexity to a frenzied race for his signature.

Medical clearance becomes primary hurdle for Sam Leavitt

Sam Leavitt, the former Arizona State standout and the top-ranked quarterback in the transfer portal according to On3, is undergoing medical evaluations at each of his campus visits. The scrutiny stems from a foot injury that ended his 2025 season prematurely.

During an appearance on the Crain & Company Podcast, Pete Nakos of On3 emphasized the uncertainty surrounding the timeline, stating that “every school that’s bringing him in on a visit is doing a medical evaluation to understand what his timeline looks like for recovery.”

Arizona State Sun Devils quarterback Sam Leavitt (10)

Arizona State Sun Devils quarterback Sam Leavitt (10) passed for 1,628 yards, 10 touchdowns and three interceptions across seven games in 2025. A Lisfranc injury ended his season early. | Mark J. Rebilas-Imagn Images

The timeline for Leavitt remains murky following surgery for a Lisfranc ligament tear he suffered in October. While schools are eager to sign the talented passer, Nakos added that “it is unclear if he’d be available for spring football” after missing the back half of the season. It is currently unclear if Leavitt will be ready to take snaps when spring camps open across the country.

This medical uncertainty hovered over his recent trip to Baton Rouge. Leavitt visited LSU earlier this week and was spotted at a basketball game with head coach Lane Kiffin.

LSU Tigers head coach Lane Kiffin

LSU head coach Lane Kiffin and the Tigers are considering Sam Leavitt as a transfer portal addition. | Maria Lysaker-Imagn Images

Despite the hospitality, the Tigers’ medical staff likely spent significant time assessing his surgically repaired right foot. The evaluation process is standard protocol, but carries greater weight given the severity of Lisfranc injuries.

The rigorous testing continues as Leavitt heads to Knoxville. Tennessee is the latest program to host the quarterback, hoping to add his experience to its roster. The Volunteers are in the market for a proven starter, but, like LSU, they must weigh his rehabilitation schedule against their need for immediate competition at quarterback. Kentucky also shared a visit with Leavitt.

Read more on College Football HQ



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NIL

Washington QB Demond Williams Jr. Reverses Course, Returns to Huskies

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After a hectic 48 hours, quarterback Demond Williams Jr. is staying put at Washington.

Williams announced Tuesday that he intended to enter the transfer portal, but reversed course Thursday night, revealing on social media that he will remain with the Huskies.

“After thoughtful reflection with my family, I am excited to announce that I will continue my football journey at the University of Washington,” Williams wrote. “I am fully committed and focused on contributing to what we are building.”

The standout quarterback became the latest face of the debate surrounding name, image and likeness (NIL) and its enforcement when he announced that he was entering the transfer portal. Williams’ announcement came just four days after he signed an NIL deal to remain at Washington that was reportedly worth $4 million for one season. 

It was reported shortly after that Washington planned to pursue legal action against Williams for breach of contract. Williams’ agent, Doug Hendrickson, dropped him as a client on Thursday. 

“I have made the decision to end my representation of Demond Williams Jr. effective immediately due to philosophical differences,” Hendrickson wrote in a social media post. “Demond is an incredible talent and we wish him and his family the best in their future endeavors.”

Hendrickson is also the agent for Washington head coach Jedd Fisch. 

Williams just completed his sophomore season at Washington, which was his first as the Huskies’ full-time starter. He helped Washington go 9-4, completing 69.5% of his passes for 3,065 yards, 25 touchdowns and eight interceptions. He also proved to be one of the top dual-threat quarterbacks in the country, rushing for 611 yards and six touchdowns. 

Demond Williams Jr. finds Denzel Boston for a 23-yard TD

Demond Williams Jr. finds Denzel Boston for a 23-yard TD

Following a strong first season as a starter, Williams has been viewed as a potential Heisman candidate for the 2026 season. FOX Sports lead college football analyst Joel Klatt placed Williams fifth in his initial Heisman rankings for next season. 

Want great stories delivered right to your inbox? Create or log in to your FOX Sports account, follow leagues, teams and players to receive a personalized newsletter daily!



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Demond Williams Will Return to Washington Despite Contract Dispute

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Washington quarterback Demond Williams shook the college football world on Tuesday night, as ESPN’s Pete Thamel reported that the dynamic dual-threat quarterback was set to enter the transfer portal just a week after signing a lucrative NIL agreement to remain at Washington. Now, after days of controversy surrounding his next career move, Williams will remain with the Huskies after all.

Williams announced his return via social media, just minutes after a report by ESPN’s Pete Thamel that he was leaning towards remaining at the school.

“After thoughtful reflection with my family, I am excited to announce that I will continue my football journey at the University of Washington,” Williams wrote. “I am deeply grateful to my coaches, teammates, and everyone in the program for fostering an environment where I can thrive both as an athlete and as an individual.

“I am full committed and focused on contributing to what we are building.”

In his statement, Williams also apologized for the timing of Tuesday’s decision to enter the transfer portal, which took place while much of the football team was attending a celebration of life for Huskies soccer player Mia Hamant, who died from a rare form of kidney cancer in November.

Forde: Lane Kiffin Once Again Pushes Boundaries in Demond Williams Jr. Saga

“Over the last few days, Demond and I have engaged in very honest and heartfelt conversations about his present and future,” Washington coach Jedd Fisch said in a statement. “We both agree that the University of Washington is the best place for him to continue his academic, athletic and social development.”

Williams’s agreement with the Huskies is reportedly worth around $4.5 million, and Washington was reportedly prepared to pursue legal recourse if he did not honor the deal. Lane Kiffin’s LSU program was the program most frequently attached to Williams, but now will look elsewhere to fill its quarterback position for 2026.

The decision comes hours after Williams was dropped by his agent, Doug Hendrickson of Wasserman Football. He also retained lawyer Darren Heitner, who has become a regular figure in college athletics eligibility cases during the NIL and transfer portal era.

GameDay host Rece Davis mentioned that there will have to be some fences mended between Williams and Washington. Before Williams’s ultimate decision to return, Matt Zenitz of CBS Sports reported that the program “would still welcome Demond Williams back to the team and is still hoping for him to remain with the program.”

FREE. SI College Football Newsletter. Get SI’s College Football Newsletter. dark

Williams committed to play for Fisch at his home-state program Arizona, transferring to Washington when Fisch took the job following the departure of Kalen DeBoer. He played in 13 games as a freshman, accounting for 1,226 total yards and 11 touchdowns before taking over as full-time starter in 2025.

Williams totaled over 3,600 yards and 31 touchdowns as a sophomore under Fisch.

Season

Comp %

Pass Yards

YPA

TD

Int

Rush Yards

TD

2024

78.1

944

9.0

8

1

282

2

2025

69.5

3,065

8.7

25

8

611

6

Williams was an honorable mention All-Big Ten selection behind Indiana’s Fernando Mendoza, Ohio State’s Julian Sayin and USC’s Jayden Maiava in a conference stocked with passing talent.

Now, he will be back for a third Big Ten season rather than make a controversial jump to LSU or another program.

More College Football on Sports Illustrated

Listen to SI’s new college sports podcast, Others Receiving Votes, below or on Apple and Spotify. Watch the show on SI’s YouTube channel.






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NIL

Transfer portal drama is overshadowing the actual College Football Playoff

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Miami vs. Ole Miss score, live updates: Trinidad Chambliss puts Rebels ahead with TD pass

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Q4 3:13 – Ole Miss 27, Miami 24

Huge mistake by Miami again. Trinidad Chambliss fires incomplete toward Harrison Wallace III but Ja’Boree Antoine had a hand full of jersey, drawing a pass interference penalty.

Three plays later, after a 19-yard scramble by Chambliss, Ole Miss finds the end zone. Chambliss calmly connects with Dae’Quan Wright for a 24-yard touchdown to put the Rebels up by a point.

The two-point conversion is good too as Chambliss finds Caleb Odom wide open.



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Troy Aikman convinced Joe Buck not to fund Indiana football

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